West Townsend, Massachusetts Property Taxes
The median property tax rate in West Townsend, MA is 1.53%, considerably higher than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in West Townsend at $377,700, the typical annual property tax bill reaches $5,764, exceeding the national median of $2,690. Property taxes in West Townsend are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding West Townsend's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of West Townsend or another part of Middlesex County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
West Townsend, Massachusetts Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$2,460
Ownwell’s West Townsend Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, and potential buyers aiming to estimate their annual property taxes in West Townsend. By simply entering your property's estimated assessed value, our calculator applies the median tax rate in West Townsend to provide a clear estimate of your property tax bill. This insightful tool enables you to understand potential tax liabilities with ease. For those interested in neighborhood-specific trends, we offer detailed localized information further down the page. Your property’s assessed value is determined by Middlesex County for tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across West Townsend, Massachusetts
Property taxes in West Townsend, Massachusetts, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in West Townsend is 1.53%, significantly higher than the U.S. national median of 0.99%. Local government entities within West Townsend set these rates annually, and they can vary significantly across different neighborhoods. Each year, West Townsend estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares West Townsend's effective property tax rate to other counties in Massachusetts and the national median. For comparison, the 01474 zip code has the highest median property tax rate of 1.53%, while the 01474 zip code also has the lowest median tax rate of 1.53%. Understanding how these cities compare with West Townsend provides valuable insights into the varying tax landscape across Middlesex County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average West Townsend Tax Rate
1.53%
Average Middlesex County Tax Rate
1.22%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across West Townsend, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01474 | 1.53% | 1.53% | 1.53% | 1.53% | 1.53% |
Source: Ownwell
Property Tax Assessment Values Across West Townsend, Massachusetts
In WEST TOWNSEND, Massachusetts, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Middlesex County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In WEST TOWNSEND, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The highest and lowest median tax bills in WEST TOWNSEND are both $5,764, located in the 01474 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across West Townsend, Massachusetts
Source: Ownwell
$105,700
$984,600
$1,863,500
Average West Townsend Assessed Value
$377,700
Average Middlesex County Assessed Value
$633,600
Average Massachusetts Assessed Value
$492,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across West Townsend, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01474 | $246,840 | $305,275 | $377,700 | $452,725 | $522,850 |
Source: Ownwell
Property Tax Bills Across West Townsend, Massachusetts
In West Townsend, Middlesex County, MA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in this area is $377,700. Property taxes are then calculated by applying the local tax rate to this assessed value. For example, homeowners in West Townsend can expect their property tax bills to vary significantly. The 25th percentile tax bill is around $4,658, while the 75th percentile reaches up to $6,908, and the 90th percentile can be as high as $7,978. These tax bills are influenced by factors such as property size, location, and any improvements made to the home. Compared to the national median property tax rate of 0.99%, West Townsend's tax rates reflect the region's specific economic and real estate conditions. For homeowners, these property taxes are a crucial annual expense that directly impacts their cost of living and financial planning.
Average West Townsend Tax Bill
$5,764
Average Middlesex County Tax Bill
$7,427
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across West Townsend, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01474 | $3,767 | $4,658 | $5,764 | $6,908 | $7,978 |
Source: Ownwell